Reserve Bank Of India

Fino Payments Bank chief Rishi Gupta granted bail in GST case

Fino Payments Bank chief Rishi Gupta has been granted bail in a GST evasion case, with the court imposing conditions including passport deposit and regular appearances

Bank holidays March 2026: Banks to remain closed for next 4 days, know why

Banking operations across India will be impacted this week as branches will remain closed on four days between March 26 and March 29, 2026. As per the holiday calendar issued by the RBI

Rupee hits new low on dollar demand from maturing NDFs, month-end flows

Currency weakens to record closing low amid importer demand and NDF pressures, with central bank intervention helping prevent breach of the 94 per dollar mark

Sammaan Capital shares jump on RBI approval of Rs 8,850 cr IHC deal

The non-bank lender's shares gained after RBI approved Abu Dhabi-based IHC's stake acquisition, marking one of the largest West Asia investments in India's financial sector

Kotak Mahindra Bank to absorb KMIL business into bank from April 2026

Kotak Mahindra Bank to absorb KMIL operations from April 2026, simplifying structure and aligning with Reserve Bank of India norms

Digital personal loan value outpaces volume growth in Q3 FY26: FACE

Digital personal loan value rose sharply in Q3 FY26, outpacing growth in loan volumes, highlighting strong demand for higher-ticket credit

RBI developing AI-led digital payments platforms to boost user experience

The Reserve Bank is developing more digital public infrastructure and payments intelligence platforms by leveraging artificial intelligence and application programming interfaces to enhance customer experience and strengthen the payments ecosystem, according to a senior central bank official. "We are also creating more and more DPIs. We are talking about the use of AI to create all those DPIs and APIs. Of course, AI and APIs are going to be the future of all these DPIs and for all your online activities," P Vasudevan, executive director of RBI, said while addressing at MPAI Merchant's Day 2026. He said the central bank is considering deploying artificial intelligence to enhance customer journeys and automate grievance handling as digital transaction volumes continue to increase. "For example, let us say I make a UPI transaction and I have an issue, the transaction doesn't get completed. It automatically picks up this as a grievance and tries to complete the journey. That's what UPI

RBI injects ₹55,837 crore in banking system through 3-day VRR auction

The Reserve Bank of India (RBI) on Tuesday injected Rs 55,837 crore transient liquidity into the banking system through three-day variable rate repo (VRR) auction. The RBI injected the funds at cut-off and weighted average rates of 5.26 per cent, the central bank said in a release. The liquidity injected was much lower than the notified amount of Rs 1 lakh crore, despite the sharp drop in surplus liquidity in the banking system due to advance tax payments. Currently, liquidity in the banking system is estimated to be in surplus of about Rs 26,196.36 crore as on March 23. In the last few days, the central bank infused transient liquidity of Rs 2,08,208 crore into the banking system through VRR auctions of various tenures. Prior to this, the RBI infused Rs 3.50 lakh crore of durable liquidity into the banking system through open market purchase (OMO) of government securities since January 2026.

RBI injects ₹79,256 crore into banking system via overnight VRR auction

The Reserve Bank of India (RBI) on Monday infused Rs 79,256 crore transient liquidity into the banking system through overnight variable rate (VRR) auction. The RBI injected the funds at cut-off and weighted average rates of 5.26 per cent, the central bank said in a release. The liquidity injected was much lower than the notified amount of Rs 1 lakh crore, despite the sharp drop in surplus liquidity in the banking system due to advance tax payments. Currently, liquidity in the banking system is estimated to be in deficit of about Rs 65,395.64 crore as on March 23. On March 20, the central bank had infused Rs 25,101 crore transient liquidity in the banking system through a three-day VRR auction. On March 17, the RBI injected Rs 48,014 crore liquidity in to the banking system via seven-day VRR. Prior to this, the RBI infused Rs 3.50 lakh crore of durable liquidity into the banking system through open market purchase (OMO) of government securities since January 2026.

HDFC Bank mcap falls below ₹12 trn; down 10% in 3 days post Atanu's exit

HDFC Bank market cap falls below ₹12 trn; stock down 10% in 3 days post Atanu's exit

FPI flows into FAR turn negative amid global risks, crude oil surge

Foreign investors turn net sellers of FAR securities in March as global risks, rising oil prices, and higher US yields weaken sentiment, though RBI measures keep bond yields stable

RBI firefights to keep rupee afloat amid outflows, external pressures

RBI intensifies intervention to stabilise the rupee amid FPI outflows, rising oil prices, and a widening BoP deficit, with a ballooning forward book deficit adding to pressure

Transparency needed: Public should know about the happenings at HDFC Bank

The sudden resignation of its chairman, therefore, cannot be treated as an ordinary event

South Indian Bank appoints ex-RBI ED Jose Kattoor as part-time chairman

South Indian Bank appoints former RBI Executive Director Jose Kattoor as non-executive part-time chairman, alongside senior management elevations effective April 2026

RBI fines HSBC ₹31.80 lakh for non-compliance with deposit norms

Central bank penalises HSBC for non-compliance with norms on unclaimed deposits, including failure to maintain database and assign reference numbers

RBI board assesses impact on financial markets amid geopolitical tensions

RBI board reviews global and domestic economic scenario, as rising oil prices, rupee pressure and geopolitical tensions pose challenges for monetary policy outlook

Rare but not unusual for RBI to come out in support of a troubled bank

RBI's swift support for HDFC Bank after chairman's exit aims to calm depositor and investor sentiment, reflecting a rare but not unprecedented regulatory intervention

No material concerns on HDFC Bank's governance and conduct, says RBI

Regulator says bank remains well-capitalised with strong governance and management, approves Keki Mistry as interim chairman for three months

Axis Bank to infuse ₹1,500 crore into NBFC arm after RBI's approval

Move follows RBI approval and revised norms, allowing banks to fund NBFC subsidiaries; Axis Finance may list after becoming upper-layer NBFC

RBI to infuse ₹75,000 crore via three-day VRR auction as liquidity tightens

Central bank to hold three-day VRR auction on Friday as surplus liquidity falls below ₹1 trillion amid advance tax and GST outflows